Quick loans from Fuliza surged by 43 percent to Ksh.502.6 billion in 12 months to April 2022 from Ksh.351.2 billion. This was supported by 6.9 million Kenyans who enrolled on Fuliza from 5.9 million as of March 2021, a 16.4 percentage point increase. Loan size on Fuliza
Kenyans spent Ksh.169.1 billion on betting via M-Pesa in 2021, a 23.8 percent jump from Ksh.136 billion that was spent in the year 2020. This is according to Safaricom’s financial report released May 12 when it recorded a 1.7 percent drop in its net profit to
Safaricom's net profit plunged 1.7 percent to Ksh.67.49 billion in full-year results ended March 31, 2022, from Ksh.68.67 billion in March 2021 This is the second drop the telco has registered in nine years. The profit includes its Ethiopian venture which the telco undertook a one-year bridge
The Communications Authority of Kenya (CK) has extended SIM card registration deadline to October 15, 2022. This even as Safaricom has made a provision for its subscribers in Kenya to self register SIM cards. Click here to register your card More to follow…
Safaricom has made a provision for its subscribers in Kenya to self-register SIM cards. This comes the exact day the Communication Authority of Kenya (CA) Director General Ezra Chiloba maintained April 15, 2022 would be the deadline for the exercise. Click here to register your card.
Kenya’s mobile network operators Telkom, Safaricom, and Airtel have integrated their mobile money service platforms, allowing Kenyans to make mobile money payments to a Lipa Na M-PESA Buy Goods Till, from any of the three networks. The service called interoperability, will exclusively be applicable to Lipa
Interior Cabinet Secretary Dr. Fred Matiang’i has failed to provide Members of Parliament with details on the status of investigation into a complaint raised by Transcend Media Group against Safaricom that it infringed on the media agency’s intellectual property rights. Arising from a tender floated by
Safaricom is continuing to grow its customer base after it announced to include rival networks, Airtel, and Telkom in its Lipa Na M-Pesa cashless payment service. Telkom and Airtel subscribers will be able to pay for goods and services through Lipa Na M-Pesa. The shift is aimed
Data from the Communications Authority of Kenya (CA) indicates the value of mobile money transfers among Kenyans was valued at Ksh.1.1 trillion in two months to December 2021, a 4 percent increase from the previous quarter Mobile money deposits over the same period rose to Ksh.1.25
Flame Tree Group Holding stocks edged up Friday to emerge among top gainers on the Nairobi Security Exchange (NSE) when it traded Ksh.1.24 per share. It was trailed by Eveready East Africa whose stocks surged by two point three five percent to trade eighty seven cents
